Shankar Nagar, Nagpur

Property Types
Apartments

About

Overview of Shankar Nagar, Nagpur

Location and Connectivity

Shankar Nagar is key spot in Nagpur, famous for excellent links to main landmarks, transport routes, and roads. Residents highly rate its access, giving it a 4.58/5 rating.

Safety and Livability

Shankar Nagar is seen as secure, earning a 4+ rating. It's good for both families and bachelors due to its safe environment.

Property Prices and Trends
Buying Properties
  • Average price: around ₹6,642 per sqft, with a starting rate of ₹6,166 per sqft.
  • Flats for sale: ₹1.15 Cr to ₹1.50 Cr, generally for 3 BHK apartments.
  • There's a mix of ready-to-move-in and new builds with close by hospitals, schools, parks, and other necessary services.
Renting Properties
  • Monthly rent varies for 2 BHK flats ₹12,000 to ₹25,000; for 3 BHK, it's ₹20,000 to ₹65,000 per month.
  • Rentals can be fully furnished, semi-furnished, or unfurnished to suit tenant needs.
Amenities and Facilities

Shankar Nagar includes:

  • Nearby major landmarks, major roads, hospitals, schools, gardens, restaurants.
  • Access to essential and modern amenities in residential buildings.
  • Good links to metro stations, banks, petrol pumps, and ATMs.
Types of Properties Available
For Sale
  • Flats: Ranging from 1 BHK to 6+ BHK, starting at ₹1.5 Cr.
  • Independent Houses cost ₹1.5 Cr each.
  • Plots for build-your-own homes available.
For Rent
  • Flats: 2 BHK and 3 BHK with rent ranging from fully furnished to unfurnished.
  • Multistorey flats with modern amenities cater to various sizes and tenant preferences.
PropertyWala’s Final Say

Shankar Nagar in Nagpur is great pick for buyers and renters because of prime spot, good connections, and solid facilities. There's variety in property types and prices to suit different funds and wants. High safety and livability make it fit choice for investment or living in comfortable locality. Whether want a ready-to-move or new property, Shankar Nagar has affordable luxury meet common sense.

Nearby

  • Transport

    • Hindustan Petroleum (~3 km)
    • Sitabuldi City Bus Stand (~3 km)
    • Congress Nagar (~3 km)
    • Ajni (~3 km)
    • Nagpur Junction railway station (~5 km)
    • Dr. Babasaheb Ambedkar International Airport (~7 km)

  • Shopping & Dining

    • The Next Chapter Cafe (<1 km)
    • Haldiram's (<1 km)
    • Reliance Fresh (~2 km)
    • Eternity Mall (~3 km)
    • Cotton Market (~5 km)
    • Empress Mall (~5 km)

  • Healthcare

    • RAUT NURSING HOME (<1 km)
    • Central India Institute Of Medical Sciences (<1 km)
    • Wockhardt Heart Hospital (<1 km)
    • MedPlus Mate Chowk (~1 km)
    • HERD Pharmacy Gandhi Nagar (~2 km)
    • Gupta Nursing Home and Fine Morning Hospital and Research Center (~2 km)

  • Education

    • Lady Amritabai Daga (LAD) College (<1 km)
    • Saraswati Vidyalaya (<1 km)
    • Visvesvaraya National Institute of Technology (~1 km)
    • Visvesvaraya National Institute of Technology Library (~2 km)
    • Atlanta Computer Institute (~2 km)
    • Industrial Training Institute (~2 km)

  • Leisure & Entertainment

    • Shankar Nagar Park (<1 km)
    • VNIT Sports Complex (<1 km)
    • Alankar Movie Theatre (~2 km)
    • Vasantrao Deshpande Hall (~3 km)
    • Yashwant Stadium (~3 km)
    • Gorewada Zoo (~12 km)

  • Services

    • HDFC Bank (<1 km)
    • Axis Bank ATM (~1 km)
    • Naivedhyam Celebration Hall (~2 km)
    • Regional Police Training School (~2 km)
    • India Post - Ravi Nagar Sub - Post Office (~3 km)
    • Fire Brigade and Emergency Services, Sakkardara (~8 km)

  • Religious Places

    • Hanuman Mandir (<1 km)
    • Deeksha Bhoomi (~1 km)
    • Buddha Vihar (~1 km)
    • Hanumān Mandir (~4 km)
    • Ram Mandir (~4 km)
    • Meetha Neem Dargah (~4 km)

  • Business & Hospitality

    • Enrise by Sayaji Nagpur (~1 km)
    • Nagpur IT Park (~3 km)
    • Food Corporation Of India (~3 km)
    • Radisson Blu Hotel Nagpur (~4 km)
    • MIDC (~10 km)
    • Koradi Thermal Power Station (~17 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of Shankar Nagar

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News

Nagpur Flood Mitigation Advances, but Retaining Wall and Drain Work Lag

Times of India · · Infrastructure

Three years after the 2023 Ambazari Lake flood inundated thousands of homes, major mitigation works are complete, but wall construction and drainage improvements remain unfinished.

Key facts
  • The Sept 23, 2023 flood inundated thousands of homes downstream of Ambazari Lake and along the Nag River after around 109mm of rain fell within a few hours, flooding parts of west Nagpur and exposing weaknesses in the stormwater network and the river’s carrying capacity.
  • Three years later, several engineering and flood-mitigation works have been completed, including strengthening and widening the embankment and measures to regulate lake-water release.
  • Retaining-wall construction is progressing slowly; some stormwater drains are missing or clogged with leaves and debris.
  • In Shankar Nagar, Yeshwant Nagar and Ambazari Layout, homes sit below newly raised roads, raising residents’ concerns about stormwater flow during intense rainfall.
  • The Central Water and Power Research Station identified restricted water flow beneath a low-lying bridge on the Nag River as a major cause of the 2023 flooding.
NMC Fences Bajaj Nagar Site to Prevent Alleged Hotel Misuse

Indiatimes · · Regulatory

Nagpur Municipal Corporation told the Bombay High Court it fenced a Bajaj Nagar site with tin sheets to prevent hotel operators from allegedly misusing it.

Key facts

Nagpur Municipal Corporation (NMC) told the Nagpur bench of the Bombay High Court that it had fenced a site in Bajaj Nagar with tin sheets to prevent alleged misuse by hotel operators, including use for parties. The arrangement was intended to ensure the premises could not be used even temporarily.

The submission came during a public interest litigation by Shankar Nagar residents Lalit Harode, Aseem Baodia and Mrudula Phadke, concerning alleged irregularities and violations at restaurants between Bajaj Nagar and Shankar Nagar. A division bench of Justices Urmila Joshi-Phalke and Raj Wakode adjourned the hearing until September 7, 2026. Petitioners’ counsel questioned why permanent action had not been taken against alleged unauthorised construction over a drain passing through illegal eateries in Kachipura.

Nagpur High Court Signals Demolition Action Against Restaurants

Indiatimes · · Regulatory

The Bombay High Court’s Nagpur bench indicated demolition action against alleged unauthorised restaurants in Bajaj Nagar and Shankar Nagar may proceed after Maharashtra rejected appeals.

Key facts

The Nagpur bench of the Bombay High Court indicated that long-pending action against alleged unauthorised restaurants in Bajaj Nagar and Shankar Nagar may proceed after the Maharashtra government rejected appeals against demolition notices issued nearly a decade ago.

The development arose during a hearing of a PIL filed by Shankar Nagar residents Dr Lalit Harode, Aseem Baodia and Mrudula Phadke before a division bench of Justices Anil Kilor and Raj Wakode. The petitioners argued that several restaurants in the Shankar Nagar–Bajaj Nagar belt violated development norms and caused inconvenience through late-night activity and noise.

Nagpur Home Prices Exceed Ready Reckoner Valuations in Upscale Areas

Indiatimes · · Regulatory

A 2,000-square-foot flat in upscale West Nagpur is valued at just over ₹1.5 crore by government rates, while market prices are higher.

Key facts

A 2,000-square-foot flat in Byramji Town, Shankar Nagar or West High Court Road is valued at a little over ₹1.5 crore under government rates; in some pockets, the valuation may reach ₹2 crore. Smaller properties would cost less. Brokers, bankers and builders quoted prices much higher than these valuations. The state released ready reckoner rates for the current fiscal on April 1. These minimum rates form the basis for stamp duty and capital gains; if a sale deed is registered below the locality’s ready reckoner rate, stamp duty is calculated using that rate.

News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Sale Properties

2BHK for sale in Rachana Meghsparsh, Samarth Nagar, Nagpur
₹ 51.28 L

2BHK Flat for sale in Samarth Nagar

₹ 51.28 L

  • Rachana Meghsparsh
  • Within 6 Months
  • 1,091 SqFeet
  • ₹4,700/SqFeet

Apartment

: Rachana Meghsparsh by Rachana Construction at the very prime location of Samarth Nagar East in Nagpur offers residential project that host 2 and 3 bhk apartments in various sizes.
3BHK for sale in Rachana Meghsparsh, Samarth Nagar, Nagpur

3BHK Flat for sale in Samarth Nagar

Apartment / Flat

: Rachana Meghsparsh by Rachana Construction at the very prime location of Samarth Nagar East in Nagpur offers residential project that host 2 and 3 bhk apartments in various sizes.
2BHK for sale in Rachana Meghsparsh, Samarth Nagar, Nagpur

2BHK Flat for sale in Samarth Nagar

Apartment / Flat

: Rachana Meghsparsh by Rachana Construction at the very prime location of Samarth Nagar East in Nagpur offers residential project that host 2 and 3 bhk apartments in various sizes.
3BHK for sale in Lake View Enclave, Amravati Road area, Nagpur
₹ 55 L

3BHK Flat for sale in Amravati Road

₹ 55 L

Apartment / Flat

: This Project has 2BHK, 3BHK, 4BHK, limited Row Houses, Shops/Offices with separate entrance and possibly a departmental store. It is spread over approx. 5 acres.

Price Trends

Locality ID
A811138581
PinCode
440024